Gov threats prompt rush for ETVs
Published: 17 August, 2010
Firms are rushing to urge deferred final salary scheme members into defined contribution (DC) arrangements, on the back of proposed changes to the law.
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Paper trail: money removed from the schemes was distributed across the world |
Court reveals destination of defrauded fund assets
Published: 17 August, 2010
A pension fund fraud paid for an Aston Martin car, a divorce settlement and properties in Koh Samui, Thailand, a high court judgement has revealed.
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DWP slashes Nest Corp set-up loans
Published: 10 August, 2010
The Department for Work and Pensions (DWP) has more than halved this year’s budget for implementing the National Employment Savings Trust (Nest).
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Wright: authored Hymans
Robertson response to Hutton |
Hymans urges Hutton to hold fire on reforms
Published: 10 August, 2010
There are very few quick wins that might achieve the government’s objectives.
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Regulator to lose Norgrove at end of 2010
Published: 02 August, 2010
David Norgrove will leave his post as chair of the Pensions Regulator at the end of the year.
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Industry refuses to let LTA cut go unchallenged
Published: 02 August, 2010
The pensions industry has reacted positively to proposals of a £40,000 annual allowance, but will challenge the government over a reduced lifetime allowance (LTA).
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Hutton: receives TUC
submission this week |
TUC backs SDR formula to Hutton
Published: 02 August, 2010
Unions will fiercely defend government calculations of future public sector pension benefit payments, in their submission to John Hutton.
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Carberry: ‘burden would fall
back on the government’ |
Businesses to accept tweaked 2012 review
Published: 02 August, 2010
Our members have decided the costs of doing this now are less than the long-term costs of doing nothing.
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Teesport does not consider itself to be an
employer as it pays self-employed workers |
Appeal granted in test case of Marine Pilots judgment
Published: 02 August, 2010
Teesport has been given permission to appeal part of the Marine Pilots judgment, potentially saving it over £25m.
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Unite ‘grasping at straws’ on Visteon
Published: 02 August, 2010
Trade union Unite is “grasping at straws” in its bid to sue Ford on behalf of Visteon workers who lost their pensions, lawyers have warned.
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Lifetime allowance cut rouses industry
Published: 30 July, 2010
The pensions industry has reacted positively to proposals of a £40,000 annual allowance, but will challenge the government over a reduced lifetime allowance (LTA).
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Incredulity over lowest-funded PPF casualty
Published: 26 July, 2010
The lowest-funded scheme to enter the Pensions Protection Fund (PPF) had assets covering only 11% of liabilities.
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Fund fees set to increase post Walker
Published: 26 July, 2010
Implementing the Walker stewardship code on corporate governance will drive up fund management fees for schemes.
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Webb: also favours
state pension reform |
Webb: review to look at women’s pensions
Published: 26 July, 2010
Webb confirmed this would be a key consideration in whether auto-enrolment and Nest go ahead or adapt.
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Regulator seeks help ahead of 2012
Published: 26 July, 2010
The Pensions Regulator is bringing in external help for its post-2012 duties, after a poll highlighted industry fears over its resources.
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Regulator rapped over Lehman FSD response
Published: 26 July, 2010
The Pensions Regulator was remiss in giving Lehman subsidiaries just four months to make a case against a Financial Service Direction (FSD), lawyers have warned.
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Alitalia case first to win using ‘estoppel’ doctrine
Published: 26 July, 2010
The long-term partner of a member of Alitalia’s pension scheme has won his appeal against an ombudsman ruling.
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Regulator faced with Uniq task
Published: 26 July, 2010
The Pensions Regulator faces being pushed to the bounds of legality in its bid to help Uniq find a way of filling its funding gap.
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Regulator loses appeal against Nortel Ruling
Published: 05 July, 2010
The Pensions Regulator has been ordered to pay CAN$90,000 (£58,000) in costs after its appeal in the Nortel case failed in Ontario.
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Nest under threat from review body
Published: 30 June, 2010
The government has charged its auto-enrolment review body with considering a state pension (SP) hike, potentially heralding a citizens' pension.
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Belgian firm receives regulator's first ever contribution notice
Published: 29 June, 2010
The pensions regulator has issued a contribution notice, its first ever, to a Belgian company Michel Van De Wiele (VDW).
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The Budget: an update
Published: 22 June, 2010
Restricting Pensions Tax Relief
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PPF to set up panel to consider levy
Published: 31 July, 2009
The industry has broadly welcomed a move to set up a steering group to develop the long-term future of the Pension Protection Fund (PPF) risk-based levy.
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Click to listen to the latest PW podcast |
Pensions Week Podcasts
Published: 17 June, 2009
The latest PW podcast is available by clicking here. David Rowley, Charlie Kirby and Nick Reeve discuss the latest issue's main stories.
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Pensions Week podcast
Published: 28 April, 2009
The first Pensions Week podcast is now online, with editor David Rowley looking into the results of this month's Trusty 30 survey and deputy editor Charlie Kirby reviewing industry response to the 2009 Budget. Click here to listen to the podcast.
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PwC: 2/3 of UK plc are concerned about auto-enrolment
Published: 13 March, 2009
Two-thirds of companies are concerned about the impact of auto-enrolment, according to PricewaterhouseCoopers (PwC) latest pensions survey.
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Regulator issues deficit guidance for employers
Published: 18 February, 2009
The Pensions Regulator has issued a statement urging trustees to renegotiate their deficit reduction plans to relieve pressure on employers during the recession.
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Trustees must relieve pressure on employers
Published: 17 February, 2009
The Pensions Regulator has issued a statement urging trustees to renegotiate their deficit reduction plans to relieve pressure on employers during the recession.
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Means testing issue swept under carpet
Published: 06 February, 2009
The government is continuing to ignore the means-testing issue and how it will affect personal accounts, according to pensions experts.
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